It sure has been. Someone's a little too invested in being right - it's not worth engaging anymore.The last couple of pages have been an amazing read
It sure has been. Someone's a little too invested in being right - it's not worth engaging anymore.
"A Waltonchain team member was among the winners and excitedly tweeted using the wrong profile".
Had to laugh at that. Yeah, which happened to be the Twitter handle for the coin itself. Sure.
It doesn't show that it's a scam, obviously. It does indicate is that they're prepared to utilise unethical methods to try and gain new followers, promising contest prizes that appear not to exist. And now they're trying to dig themselves out of a hole by implying that a team member, who just happened to be in charge of updating the main Twitter account, won.
It's a PR disaster and comes across as extremely unprofessional to say the least.
First of all, the contest prize was 2.1 of the 500+ WTC up for grabs, so you should probably read up on things you want to laugh at. By all accounts, those other prizes exist and were awarded fairly. Second of all, it really is quite amazing to me how many people think "the twitter dude" is an important job with the need for management by high-level employees within the company like there aren't hundreds of examples of brands misusing the service. Social media managers are not well paid for the access they have, and almost doubly so for fledgling companies like Walton.
It is a PR disaster and it does come across as extremely unprofessional, but unethical it is not. Put things in proper context.
The value of the prize is irrelevant. What it does is call into question whether any of the 500 coins are truly "up for grabs".
Sure, you can dismiss the role of the social media manager all you like, but at the end of the day 'the twitter dude" is responsible for publicising and even running these contests to begin with.
Agreed. I mean, when you're arguing with literal conspiracy theorists who want to make up elaborate stories without any supporting evidence, it can be pretty annoying. The icing on the cake is the sarcasm and condescension, though. Like, really dude? You're gonna do that from fantasy land? With EMOJIS? I mean, whatever, I've tried to help you see reason but if you're gonna go that route you're probably far past listening to logic, so better the ignore list grows by one.
It's a very big deal. It's one thing for some random coin with anonymous devs to pull a scam but for a well known high-cap company with so many "partnerships" to pull something like that to save a few tokens raises some eyebrows. That's one of the reasons western governments and regulatory bodies will NEVER work with Chinese companies when it comes to implementing blockchain technology in the tracking and analysis of medicines, food, and other vital resources as they make their way through the supply chain. I lucked out and sold Walton near ATH and now I'm almost all in on Ambrosus. The more I look into it the more it looks like it's going to be the European Vechain except it's still at a fraction of the marketcap. One thing is for sure, when institutional money starts flowing into the market, it's only going to flow into companies that follow regulations and have their things in order.This is an unregulated market. Development teams can do whatever they want with their coins.
I don't see this as a big deal compared to say Confido but this does show incompetence on the marketing side for WTC.
If you choose to stay away from WTC then that's fine and if you hold then that's fine as well. I don't think anyone here will lose money based on either choice.
Disclaimer: I don't hold WTC anymore. Nothing against it but I just like other projects more at this time.
I don't think anyone is hoping for you guys to be wrong or for Walton to flop. Ultimately I hope that everyone in this thread does well out of this while the opportunity is available.
I, personally anyway, was just commenting on the shadiness of the whole fiasco. That doesn't mean I think WTC is useless or a scam.
I think pretty much everyone agrees and has agreed on this from the get go. Certain people just took it way too personal and turned the whole thing into an unnecessary pissing contest.
I know you aren't. I hope that my post wasn't taken that way as I absolutely didn't intend that. Part of it was tongue in cheek. Part of it was serious.I don't think anyone is hoping for you guys to be wrong or for Walton to flop. Ultimately I hope that everyone in this thread does well out of this while the opportunity is available.
I, personally anyway, was just commenting on the shadiness of the whole fiasco. That doesn't mean I think WTC is useless or a scam.
Part of what I don't understand is why the market is even influenced so much by Bitcoin still. Apart from being 'the first' there's just so many coins/tokens now that do everything better just from a technical perspective...not even factoring in the environment and other issues.
The sooner bitcoin goes away entirely the better off crypto will be.
Part of what I don't understand is why the market is even influenced so much by Bitcoin still. Apart from being 'the first' there's just so many coins/tokens now that do everything better just from a technical perspective...not even factoring in the environment and other issues.
The sooner bitcoin goes away entirely the better off crypto will be.
Because BTC is still the entry point for pretty much everything. You have to buy bitcoin to buy many altcoins.
Part of what I don't understand is why the market is even influenced so much by Bitcoin still. Apart from being 'the first' there's just so many coins/tokens now that do everything better just from a technical perspective...not even factoring in the environment and other issues.
The sooner bitcoin goes away entirely the better off crypto will be.
See below.
Bingo. What many people don't realize is that the major run up with ETH & LTC also coincided with those two coins being listed as trading pairs on more and more exchanges.
As long as BTC is still the main trading pair though, it will always influence the market.